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20121121
20121129
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. >> shannon: fox news has confirmed that peter king will step down as the house homeland security committee. the republican representative has chaired that committee for 7 years. republicans have imposed a six-year limit for most committee chairs. king got a waiver and he is wrapping up list seventh year. it is not clear who will replace him in january of 2013. some speculate less anti-terrorism money for new york, his home state. congressional leaders are hoping to hammer out a deal to avoid the fiscal cliff. it is clear that the lawmakers are strug struggling to find a common ground. but some are saying there is a compromise. >> the stock market rallied amidst the talk of a possible deal being made. but independent senator joe lieberman is saying there is no done deal. he says, if congress does nothing, which they have gotten pretty good at, we will go over the fiscal cliff. the republicans have conceded that the government needs to find new ways to take in more money and now the fight is centered on where to get it from. >> i would be very much opposed to raising tax rates. but i believe
that gives it solvency. >>peter: congressman king says no one will get what he wants but in president reagan and thomas "tip" o'neill could make a deal, so, too, should speaker boehner and president obama. >>gregg: and now the top people responsible for our defense, first, general petraeus resigning as head the c.i.a. amid scandal. there could also be big changes at the pentagon. as well at state department. whoever the president chooses, it could impact, for example, the use of armed drones taking out al qaeda overseas. and lots of other security matters. and now, a fox news contributeor and pollster joining us, and former senior advisor to senator john mccain. the use of the unmanned drones to take out terrorists who want to murder americans, on its face it should be a no-brainer but national security appears to be politicized. >> that is right. to their credit the obama administration in the days up to the election were trying to codify the rules and regulations for making those difficult decisions. however, we are alonging at the possibility of massive defense cuts. we have new personnel
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